I responded to this in my other comment but in addition I agree that neoliberalism was a poor choice. I don’t think you can read much into this kind of thing unless you (a) ask for clarification and more detail and/or (b) know who he thinks is the intended audience. I don’t think there’s much inherently wrong with pointing out the US’s missteps. The difference may be in how the message is delivered.
Maybe I’ve not read enough of his work, but I haven’t interpreted MH as saying that.
Someone well worth reading. He grew up in a Trotskyist household. Became a banker/economist. His mentor agreed to mentor him if he read Marx, Theories of Surplus Value and everything cited in it. Hence Hudson’s ability to see and explain how bourgeois economics works and why and where it fails/will fail. He wrote a report that made him semi famous and apparently wealthy; later published as a book now in it’s third edition, Superimperialism.
Just don’t expect a Leninist conclusion of ‘that’s why we need a revolution and here’s how to do it’. He frequently kinda implies that all the bad things will simply disappear due to the weight of capitalist contradictions.
Have to admit, he’s hard going even for me, who’s read a reasonable amount of political economy. It’s the same with his video/audio recordings and writing, tbh. I struggle to follow what he’s saying because of the structure. He kind of starts too far into the argument IMO but you can piece things together by the end.
MH is very good at explaining how things currently work and why. I don’t think he can be ignored for that because there aren’t many who can or are willing to share his insights. That might be why he gets airtime. He does allude to being a Trotskyist. And he clearly knows Marx. But I’ve never really heard him say anything that I’d consider to be Marxist in terms of what comes next or how we get there. I always thought he was a bit vague on that but I haven’t read all his works.
This all just sounds vaguely Trotskyist to me.